Hi All,Posted the below on in a couple other forums in hopes to get more eyes but this seems like the best one for people just like myself.I have just started a career transition and excited to be getting into the real estate industry.

Renovating your personal home has several advantages that can be difficult to quantify since you experience the most benefit directly.

No matter how good of a deal, it is quite difficult to raise capital from larger check writers who often have minimums they abide by.

Yes, you can self-manage from a far but it is very difficult and time consuming.

Bills are already out for the year, so it may be difficult to get them to adjust it for this cycle.

You can something in one sentence like "rent the property out", but you could make an entire career out of learning to do just that one step.

Only qualm/word of advice regarding treehouses is that they are very difficult to finance.

If you've had a license for eight years and don't know how to get a PM license in your state, then I would suggest you don't have sufficient knowledge or experience to take on the responsibility, particularly in a state that is very difficult to navigate. 

He is co-owner of Weekender Management, an Airbnb property management company and an attorney who started his career in Wal-Mart Corporate Real Estate.

It is very difficult to manage when you are not local, don't know the laws, have the infrastructure, and can't react quickly when necessary.